Recovery Empowerment Network of Maricopa County Inc

Analysis

Recovery Empowerment Network of Maricopa County Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Recovery Empowerment Network of Maricopa County Inc reported income of $2.9m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.2m to $2.9m (-10%), an average of -2.7% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recovery Empowerment Network of Maricopa County Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include United Methodist Senior Services of Tupelo Area Inc ($2.9m), Child Bridge Inc ($2.9m) and City House Inc ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $241k (8.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.3m against liabilities of $2.5m, net assets of $1.8m. It reported 40 employees.